In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010.
Tag Archive: Home Sales
Home Supplies Plummet, Putting Pressure On Prices To Rise
According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.
Winter Haven Florida Housing Report for February 2009
TweetThe Fed’s latest rate decision should keep Florida mortgage rates low, and from the looks of the February 2009 home sales data, we could be in for a bit of a dust up come the end of March! Though average home sale values have kept on the decline by about 24% as compared to last…
Polk County, Florida’s Home Sales Up, but National Picture Seems Bleak
TweetThose following local and national existing homes sales reports should be thankful home sales are up in Polk County, Florida. As a whole, Polk County home sales for January 2009 show an increase of 18.6 percent over last year’s January total. The national picture – coming in at home sales lower by 8.6 percent…
Winter Haven, Florida’s Housing Absorption Rate: December 2008
Through December 2008, Winter Haven, Florida had 1,161 properties for sale and a total of 1,267 listings in either active or pending status. Guess how long it’s going to take to sell those homes?
Winter Haven, Florida Home Sales Report for November 2008
TweetHowdy folks! This blog entry marks the first of what I hope will be many to come, where I’ll be submitting for your viewing pleasure a Winter Haven, Florida Monthly Homes Sold Report. I got the idea for the setup of this report from Lakeland, Florida Realtor Petra Norris, who issues a comparable…
Does the Home You’re Trying to Buy or Sell Wear “Husky Pants?”
Tweet Yes, I said husky. I just think it sounds better than “jumbo,” don’t you think? For the 4th consecutive year, the government has set the conforming mortgage loan size limit at $417,000. A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by Fannie Mae or Freddie Mac….
The Strength In New Home Sales Shows That Banks And Builders Have Figured Out The Market
TweetDespite turmoil on Wall Street, the housing sector continues to deliver good news. Last month, led by a 22 percent surge from the West Region, New Home Sales rose 2.7 percent over August. A “new home” is a newly-built residence, never before lived in. New homes are usually built and sold by real estate…
